MOST important to consider before investing in California

[Lauren Bellis]

To those of you currently investing in California, what are the most important factors to consider when analyzing properties? I'm looking for things that are specific to CA that I may not already know: specific laws, tax codes, maintenance issues specific to the region, etc. I have been a buy & hold small multi-family real estate investor on the east coast and I am now looking for my first CA property. I would love to learn some state specific issues I am unaware of that are specific to CA...to minimize surprises down the road!!

[Seth Borman]

You need to understand how Prop 13 property taxes work.